1258 N Marion ST Denver, CO 80218
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,739 sqft
Price per Sqft $323
MLS Listing ID 4880244
HOA Y/N No
Year Built 1960
Annual Tax Amount $15,660
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source recolorado
Property Description
The property consists of 11 one-bedroom units and 1 studio, offering a strong and highly leasable unit mix in a proven rental submarket. Units are in good overall condition and have been upgraded with modernized kitchens and bathrooms, and each unit includes a dishwasher.
The building has also undergone significant capital improvements, including newer windows and an upgraded electrical system, helping reduce future maintenance exposure and enhance overall efficiency.
The property includes five on-site parking spaces that generate additional income. With solid in-place rents and continued rent growth potential, 1258 N Marion St presents a compelling investment opportunity in a high-demand Denver location.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available
Roof Type Membrane
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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TESTIMONIALS
Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!